Kanye West loses billionaire status

Jay-Z maintained his position as the wealthiest hip-hop artist, while Kanye West reportedly lost his billionaire title as a result of brands refusing to collaborate with him.

Former Forbes editor Zack O’Malley Greenburg included a “remix” of the Hip-Wealthiest Hop’s Artists article he produced for the publication, in which P. Diddy or Diddy became a billionaire.

Due to investments in Roc Nation entertainment, Rihanna’s Savage x Fenty, Fenty Armand de Brignac champagne, and real estate, Jay-total Z’s net worth reached a record high of $1.5 billion (P87 billion).

Diddy surpassed the 10-figure threshold as a result of his Ciroc vodka brand, a half-stake in DeLeón tequila, and the entertainment brand Revolt, in addition to his own music portfolio and many start-up ventures.

Keep Reading

Kanye West claims he was ‘mentally misdiagnosed’ after Twitter reappearance

Kanye West’s Adidas deal ‘under review’ amid ‘White Lives Matter’ shirt scandal

Spotify condemns Ye’s remarks but continues to play his music

Despite labels such as Adidas and Balenciaga severing relations with him, West ranked third because he owns the rights to his records and songs and has a 5% share in his ex-wife Kim Kardashian’s shapewear line, Skims.

“If West continues on his current path, he could face a cash crunch that could force him to sell or borrow against his significant assets,” observed Greenburg.

Following West are Gilbert “Berner” Milam at No. 4 with a 30% share in the Cookies cannabis empire and Dr. Dre at No. 5 with a current net worth of approximately $400 million (P23 billion) after personal and charitable expenditures.

The estimated aggregate worth of the five artists is $3.8 billion (P220 billion), a 20% increase from pre-pandemic levels.